Its the economy, stupid

Balancing a nation's economy isn't like balancing a domestic budget.

Countries rarely run at a surplus, and can raise money in long, long or very long terms and ways. Some debt can take centuries to repay. But central banks can do this.

Its just a case of political will.

The Government did not baulk at using the cover of COVID to transfer over £12billion to its political backers and friends, and spending £37billion on a failed test and trace, none of which we have seen the receipts for.

Another £4.5 billion was given away in dodgy furlough payments that the Chancellor has written off. A similar amount was written off in the failed PPE contracts.

These were political decisions.

As is the decision not to impose windfall taxes on oil and energy companies, the Chancellor only too happy to let the consumer pay increases in up to 50% in bills, while at the same time fill the Treasury's coffers with billions in a war chest to spend on tax cuts the Budget before the next election.

All political decisions.

All showing that the Government is only too willing to spend, its just wo gets the money.

Austerity distributes weath upwards, so we had over a decade of that, and what was left has been spent as detailed above.

The PM promised of further actions on the cost of living crisis, which was news to the Treasury who know there are no plans.

More lies.